Geroge Soros has warned that ‘economic reality is beginning to catch up with the false hopes of the general population’, who he says ‘believed the promises of the popular press that Brexit will not reduce their living standards’.
‘The fact is that Brexit is a lose-lose proposition, harmful both to Britain and the European Union. It cannot be undone, but people can change their minds. Apparently, this is happening. Theresa May’s attempt to strengthen her negotiating position by holding a snap Election has badly misfired: she lost her parliamentary majority’.
Mr. Soros also suggested that ‘we are fast approaching the tipping point that characterises all unsustainable economic developments’.
100 word news by The Hooting Times.
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